Nordstrom Inc. Reports Preliminary Sales Results for the Month, Quarter to Date and Year to Date Ended December 29, 2012
January 03, 2013 at 01:28 pm
Share
Nordstrom Inc. reported preliminary sales results for the month, quarter-to-date and year-to-date ended December 29, 2012. For the month, the company reported an 8.6% increase in same-store sales compared with the five-week period ended December 31, 2011. Total retail sales of $1.72 billion for December 2012 increased 9.4% compared with total retail sales of $1.57 billion for the same period in fiscal 2011.
For the quarter to date, the company reported same-store sales increased 5.1% compared with the same period in fiscal 2011. Quarter-to-date total retail sales of $2.65 billion increased 6.6% compared with total retail sales of $2.48 billion for the same period in fiscal 2011.
For the year to date, the company reported same-store sales increased 7.0% compared with the same period in fiscal 2011. Year-to-date total retail sales of $10.81 billion increased 10.2% compared with total retail sales of $9.81 billion for the same period in fiscal 2011.
Nordstrom, Inc. is a fashion retailer that offers private-label merchandise for women, men, young adults, and children, with a focus on apparel, shoes, beauty, accessories and home goods. The Companyâs Retail segment aggregates two operating segments: Nordstrom and Nordstrom Rack. The Nordstrom segment consists of Nordstrom.com, Nordstrom United States stores and Nordstrom Local. The Nordstrom Rack segment consists of NordstromRack.com, Nordstrom Rack United States stores and last chance clearance stores. Nordstrom Rack purchases merchandise from many of the same vendors carried at Nordstrom and also serves as an outlet for clearance merchandise from the Nordstrom banner. In addition, its existing fleet of Nordstrom and Nordstrom Rack stores enables pickup and returns of online orders and facilitates a broader assortment to its digital customers. The Company also has arrangements with agents and contract manufacturers to produce its private-brand merchandise.
NORDSTROM, INC. 
